UK gender pay gap to last 53 years

blog-publish-date

04 Oct 2016

blog-read-duration

Pay for women in the UK is only increasing to match that of their male colleagues at a rate of 2.5p each year, which means that women would not receive the equivalent salary until 2069, according to research by Deloitte. However, as the Government are now placing a heavy focus on gender pay reporting, with new legislation coming into force in April 2017, organisations may have to act more quickly. Clare Parkinson – Business Manager at Croner Reward – comments: “When an organisation’s gender pay report becomes publicly accessible from 30th April 2018, those who have not taken steps to close the gap between male and female earnings could face criticism, which would force them to take action. We are advising our clients to protect themselves and start reviewing the pay gap now. “Companies should consider measures such as a job evaluation exercise to grade roles or to test their existing structure; or pay benchmarking to align salaries both internally and externally. “It is also important that reward professionals are suitably equipped if they are to comply with Government guidelines. Our own research into this subject highlighted that 60% of participants had never conducted a pay audit; and of those that had, 72% did not know if they had analysed their employee population using Government-preferred categories.” To find out more about Croner Reward’s gender pay reporting service, please call 0844 728 0103 or e-mail reward@croner.co.uk.

Free to Download Employer Resources

  • Epilepsy in the Workplace: a 10 Step Guide

    FREE DOWNLOAD

    Epilepsy in the Workplace: a 10 Step ...

    Read more
  • How to make reasonable adjustments for mental health in the workplace

    FREE DOWNLOAD

    How to make reasonable adjustments fo...

    Read more
  • Sample Health & Safety Communication and Consultation Policy

    FREE DOWNLOAD

    Sample Health & Safety Communication ...

    Download Croner's sample health & safety communication and consultation policy, here.

    Read more
  • Corporate Social Responsibility Guide

    BLOG

    Corporate Social Responsibility Guide

    Gone are the days when the only focus for businesses was their profit margin. No...

    Read more
  • Written Warnings Guide

    BLOG

    Written Warnings Guide

    Knowing when you need to issue a written warning to a staff member is tricky. It...

    Read more
  • Work Uniforms: Employer's Guide

    BLOG

    Work Uniforms: Employer's Guide

    There are many reasons to implement a dress code at work. You may need to do it ...

    Read more
  • Solicitors Benevolent Association

    CASE STUDY

    Solicitors Benevolent Association

    “The reason for using Croner was the high-profile track record and the credibili

    Read more
  • John Taylor Hospice

    CASE STUDY

    John Taylor Hospice

    “A large number of the queries are around employment law and rights in areas suc

    Read more
  • Motorsport Industry Association

    CASE STUDY

    Motorsport Industry Association

    “I’m so happy with the service Croner provide, I’d be hard pressed to find a fau

    Read more

Ready to focus on what you do best?

Get your free consultation and speak to an expert today.